MouseTrap Ltd in Canada noted in its 2016 annual report that, beginning that year, it changed the
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MouseTrap Ltd in Canada noted in its 2016 annual report that, beginning that year, it changed the estimated life of its computer software for amortisation purposes from a 3-year life to a 12-year life.
Required
Write a short memo explaining the implications this has for the analysis of MouseTrap Ltd’s results. Also, discuss whether this estimated life seems reasonable.
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